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Journal Entry

Journal entry is a key control in the financial close that validates the accuracy of standard and non-standard entries to systems like your ERP, centralizing all comments, workflows, and support in one place. When creating audit-ready documentation of your financial close process, journal entries are often a missing piece.

Reduce Journal Entry Preparation Time

Mitigate Risk with Stronger Governance

Increase Visibility for Easier Audit

Standardize Journal Entries and Workflows

Bypass common issues found in manual approaches to deliver real-time visibility, control and validation of the status of all journal entries.

Manual Journal Entry Posting

The journal posting process is time-consuming, especially when relying on manual methods which inherently generate errors that further delay the entire posting process. Automate the scheduled posting of journal entries to greatly reduce effort and opportunity for error.

Ineffective Controls

When an organization has to manage thousands of journal entries a month, the process can quickly become tedious, risk-filled and complex. Create two-way communication between systems to strengthen governance and remove ambiguity that lengthens the close process.

Lack of Transparency

Visibility often becomes the biggest struggle facing journal entries as it frequently requires complex workflows for routing and approval prior to posting. Configure workflows to allow for the delivery of real-time transparency into the status of journal entries.

Journal Entry Solutions For Any Industry

The speed and success of the project came from being able to design new processes and policies, and then work jointly with Capgemini and Trintech to deploy and manage the new approach in Trintech’s Cadency platform, benefiting from this new, risk-enabled approach.”

Luca Condosta, Group Finance Process Owner R2R ABB

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Gain insights to create world-class journal entry processes with our cutting-edge thought leadership

How to Simplify Journal Entry Accounting and Improve General Ledger Efficiency eBook

How to Simplify Journal Entry Accounting and Improve General Ledger Efficiency

Simplify Journal Entry Accounting and General Ledger Efficiency to Streamline the Month-End Close According to recent studies, a significant pain …